However, a drop below $0.0033 will invalidate this view. Before that, bulls will need to move above the resistance at $0.009. Therefore, the BitTorrent price will likely maintain the bullish trend as bulls target the all-time high of $0.01340. The pair has also risen above the 25-day and 50-day moving averages. It was also the highest point of the bullish flag pattern. Indeed, today, the coin managed to move above the important resistance at $0.0051, which was the highest level on August 13. Since then, the token has been in a bullish trend and has gained by more than 180%. On the 1D chart, we see that the BTT price found a strong support at $0.00186, where it formed a double-bottom pattern. At the same time, it also powers apps built using the BitTorrent Protocol like BitTorrent Speed, BitTorrent File System, and DLive. Users are rewarded using BTT for using the network. On its website, the company said that the BitTorrent protocol is even used by companies like Netflix, Facebook, and Google.īTT is the native token for the BitTorrent platform. These users use the platform to mostly download content that is stored using a peer-to-peer network. Even the current $3.1 billion valuation is substantially higher than the $180 million that Sun acquired BitTorrent.īitTorrent has more than 2 billion users globally and more than 100 million monthly active users. In the last 24 hours, the trading volume has. This is because the currency only has a trading volume of around 12,000 per day. I also do not expect the cryptocurrency to recover in the coming days. The pivot paid off as the market value of all BTT in circulation soared. The prediction is made using the daily chart below, which shows that the prices have reached their low points, where they can’t move further down. The company was started many years ago but it was acquired in 2018 by Justin Sun, the founder of Tron.Īfter the acquisition, Sun pivoted the company to become a leading blockchain technology. According to our current Bittorrent Old price prediction, the value of Bittorrent Old is predicted to drop by -3.26 and reach 5.673e-7 by June 1, 2023. By the end of the year 2021, the average BTT price is estimated to be 0.0042477921 (+65.55) per. DigitalCoinPrice forecast that BTT cryptocurrency is a profitable investment. DigitalCoinPrice BitTorrent Coin Price Prediction 2021. BitTorrent is a relatively popular online platform that is mostly used by people to download torrent products. The BitTorrent price is forecasted to reach the level of 0.0058 (+126.03) per token by the end of December 2021.
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